{"id":313291,"date":"2010-02-12T14:14:26","date_gmt":"2010-02-12T19:14:26","guid":{"rendered":"http:\/\/www.businessinsider.com\/swiss-national-bank-officially-kills-the-franc-2010-2"},"modified":"2010-02-12T14:14:26","modified_gmt":"2010-02-12T19:14:26","slug":"swiss-national-bank-still-frantically-trying-to-kill-its-own-currency","status":"publish","type":"post","link":"https:\/\/mereja.media\/index\/313291","title":{"rendered":"Swiss National Bank Still Frantically Trying To Kill Its Own Currency"},"content":{"rendered":"<p>&nbsp;<a href=\"http:\/\/www.zerohedge.com\/article\/swiss-bank-intervenes-again?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Zerohedge<\/a> posts the latest chart of CHF\/EUR (Franc to Euro) and notes today&#8217;s huge drop in the value of the Swiss Franc.<\/p>\n<p>Basically, what&#8217;s going on is that the pounding of the Euro has Switzerland working overtime printing money. The last thing they want is for CHF to appreciate against the Euro, killing their exports. Every EUR takes a hit, they have to play along.<\/p>\n<p><img decoding=\"async\" src=\"http:\/\/static.businessinsider.com\/image\/4b75a09e0000000000da6694\/chf-eur-zerohedge.jpg\" border=\"0\" alt=\"CHF EUR Zerohedge\" \/><\/p>\n<p><em>Image via <a href=\"http:\/\/www.zerohedge.com\/article\/swiss-bank-intervenes-again?utm_source=feedburner&amp;utm_medium=feed&amp;utm_campaign=Feed%3A+zerohedge%2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%2C+the+survival+rate+for+everyone+drops+to+zero%29\">Zerohedge<\/a><\/em><\/p>\n<p><a href=\"http:\/\/www.businessinsider.com\/swiss-national-bank-officially-kills-the-franc-2010-2#comments\">Join the conversation about this story &#187;<\/a><\/p>\n<p><b>See Also:<\/b><\/p>\n<ul>\n<li><a href=\"http:\/\/www.businessinsider.com\/this-chart-shows-what-a-joke-euro-currency-discipline-is-2010-2\">This Chart Shows What A Joke Euro Currency Discipline Is<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/rbs-says-no-double-dip-recession-happening-global-activity-accelerating-and-quantitative-easing-is-dead-2010-2\">RBS: There&#8217;s No Double Dip, Payrolls Are About To Rise, And A Fed Rate Hike Is Coming In Five Months<\/a><\/li>\n<li><a href=\"http:\/\/www.businessinsider.com\/morgan-stanley-keep-shorting-the-euro-like-crazy-it-will-crack-2010-2\">Morgan Stanley: Now Start Shorting The Euro Even More, It Will Crack<\/a><\/li>\n<\/ul>\n<p><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/feeds.feedburner.com\/~r\/TheMoneyGame\/~4\/SBasLfHgfVs\" height=\"1\" width=\"1\"\/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp;Zerohedge posts the latest chart of CHF\/EUR (Franc to Euro) and notes today&#8217;s huge drop in the value of the Swiss Franc. Basically, what&#8217;s going on is that the pounding of the Euro has Switzerland working overtime printing money. The last thing they want is for CHF to appreciate against the Euro, killing their exports. [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[7],"tags":[],"class_list":["post-313291","post","type-post","status-publish","format-standard","hentry","category-news"],"_links":{"self":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/313291","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/comments?post=313291"}],"version-history":[{"count":0,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/posts\/313291\/revisions"}],"wp:attachment":[{"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/media?parent=313291"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/categories?post=313291"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mereja.media\/index\/wp-json\/wp\/v2\/tags?post=313291"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}